The mother-and-daughter team that created Boulder-based Agloves is shutting down the business despite growing demand for the company’s well-received smartphone gloves.

Jean Spencer and her mother, Jennifer, launched the Agloves online store in September 2010 and sold 300,000 pairs within about a year. The gloves are knitted with silver fibers that allow them to work on smartphone touch screens.

Jean said demand for the product remains “higher than ever,” but the mother-daughter relationship had started to fray.

“We are a mother-daughter business. Our relationship as mother-daughter was starting to tear at the seams,” Jean said in an e-mail Friday. “We made a joint decision that we value our relationship more than any fiscal success of a business, and closed together.”

The company’s gloves garnered positive reviews and several notable consumer wins, including purchase orders from the U.S. Army and Air Force. ESPN.com bought Agloves for all of its cameramen at the 2011 X Games, and Universal Studios issued the gloves as gifts at the Sundance Film Festival. The Spencers announced the closure Thursday on the Agloves Facebook fan page, stating that they are “on to new adventures.”

The owners of Boulder’s Sterling University Peaks apartments, who this summer were cited for illegally subdividing 92 bedrooms in the complex, have reached an agreement to settle the case for $410,000, the city announced Thursday.